Forged And Stamped Goods Market Growth Prospects and Key Opportunities

Posted by vamshi krishna on August 19th, 2019

The forged and stamped goods market consists of sales of forged and stamped metal goods by entities (organizations, sole traders and partnerships) primarily engaged in manufacturing forgings from purchased metals; manufacturing metal custom roll forming products; manufacturing metal custom roll forming products; manufacturing metal stamped and spun products (except automotive, cans, coins); and manufacturing powder metallurgy products.

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High demand for automobiles in the historic period proved to be a driver for the forged and stamped goods market. In 2017, the double digit increase in the consumer demand for automobiles in emerging economies such as Russia, Thailand and Argentina comparing to the number in 2016 increased the sales of automobiles by 2.4% despite offset declines in significant markets such as the USA, the UK, Mexico and South Korea. The automotive industry is the major end-user industry of the forged and stamped goods market as major components in automobiles such as rods, transmission shafts and gears, differential gears, drive shafts, clutch hubs, and universal joints are forged from metals such as steel, iron and aluminum. The rise in the demand for automobiles in developing countries within the Asia-Pacific, Eastern Europe and Latin America regions drove the market for forged and stamped goods.

Unsteady demand from the industry`s major downstream markets, including agricultural machinery manufacturing and mining machinery manufacturing, limited the growth in the revenues of the manufacturers of forged and stamped goods. The sales numbers in terms of value for agriculture, construction, and mining machinery manufacturing showed a 4% decrease during 2015-2016, followed by the stabilization of the market in 2017 , leading to the limited growth in the revenues generated by the forged and stamped goods market in the same period. The instability in demand for agricultural and mining machinery manufacturing restrained the growth of the forged and stamped goods market.

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Forged and stamped goods manufacturers are using digital thermomechanical processing (TMP) to prevent metal-flow defects and for material-use optimization. TMP combines mechanical or plastic deformation processes such as forging and rolling with thermal processes such as hot working, cold working, and other types of thermal and heat treating techniques into a single process. Digital design modelling reduces scrap by 50%, eliminates potential defects and allows the forging products to be produced on a smaller press.

Table Of Content:

1. Forged And Stamped Goods Market Executive Summary

2. Table of Contents

3. List of Figures

4. List of Tables

5. Report Structure

6. Introduction

7. Forged And Stamped Goods Market Characteristics

8. Forged And Stamped Goods Market Product Analysis – Product Examples

9. Forged And Stamped Goods Market Supply Chain

10. Forged And Stamped Goods Market Opportunity Assessment, PESTEL Analysis

11. Forged And Stamped Goods Market Customer Information

12. Forged And Stamped Goods Market Trends And Strategies

13. Global Forged And Stamped Goods Market Size And Growth

14. Forged And Stamped Goods Market Regional Analysis

15. Global Forged And Stamped Goods Market Segmentation

16. Forged And Stamped Goods Market Metrics

17. Asia-Pacific Forged And Stamped Goods Market

18. Western Europe Forged And Stamped Goods Market

19. Eastern Europe Forged And Stamped Goods Market

20. North America Forged And Stamped Goods Market

21. South America Forged And Stamped Goods Market

22. Middle East Forged And Stamped Goods Market

23. Africa Forged And Stamped Goods Market

24. Global Forged And Stamped Goods Market Competitive Landscape

25. Key Mergers And Acquisitions In The Forged And Stamped Goods Market

26. Market Background: Metal Products Market

27. Global Forged And Stamped Goods Market Opportunities And Strategies

28. Conclusions And Recommendations

29. Appendix

30. Copyright and Disclaimer

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